We estimate the degree of downward wage rigidity in ItaIy using a micro-econometric model in which wages may be subject to both nominal and real downward rigidities. We lise the recently released Worker History Italian Panel (WHIP), an administrative individual-level data set covering both the...

An important contribution by Malinvaud presents a theory of unemploment not sufficiently considered by modern macroeconomics. This paper employs his theory to explain some features of contemporary unemployment with special reference to Italy. Empirical evidence appears to be in line with the theory.

We show that the Italian wage curve, inexistent in the eighties and early nineties, has re­emerged after the 1993 Income Policy Agreements, owing to the greater mIe granted to fiexible and Iocally bargained top-up wage components.

In this paper, models for estimating the maximum price consumers are willing to pay (MPWTP) for organic beef meat, and maximum quantity-constrained price(i.e.,when buying the same quantity they bought of regular meat) consumers are willing to pay (MQCP), are presented. To this purpose, the...